To: inUeevacation©gmail.com] From: Sent n 4 2:05:04 PM Subject Re: Egenesis & Georgarage LLC Below from Luhan Yang: Noted. Will do that shortly. On Oct 24, 2014, at 5:58 AM, jeffrey E. leevaeationagmail.com> wrote: please send me the biz plan as outlined on the phone. use of funds for 2 ,5 years. ? I will then send a structure that i believe works. On Fri, Oct 24, 2014 at 5:15 AM, ote: Begin forwarded message: From: george church Subject: Egenesis & Cc: Luhan Yan Dear Jeffery, It was nice talking with you on the phone yesterday. I forward to discussing with you about the business at eGenesis, in which we deliver human transplantable organ by engineering animals. To follow up our last proposal of convertible note, I attached our proposed term sheet in which we offer 15% discount rate and 8% interest rate for 81.5 million investment as convertible note. Alternatively, if you wish, we propose the company pre-money evaluation of $15 million and offer you 9.09% (Genesis preferred share with your $1.5 million investment. I look forward to your feedback and I am happy to discuss with you in person. Best, Luhan ****** ***** ********************************** ********************************** From Date: Tuesday, Octobel.... a : E FTA_R 1_00692616 EFTA02092755